Quarterly report pursuant to Section 13 or 15(d)

Share-Based Compensation (Tables)

v3.21.2
Share-Based Compensation (Tables)
9 Months Ended
Jun. 30, 2021
Share-based Payment Arrangement [Abstract]  
Schedule of Share-based Compensation Expense

The Company recorded share-based compensation expense associated with the RSUs in its accompanying statements of operations.

 

    Three Months Ended     Nine Months Ended  
    June 30, 2021     June 30, 2021  
Research and development   $ 105,712     $ 317,101  
General and administrative     211,944       740,665  
    $ 317,656     $ 1,057,766  
Schedule of Restricted Stock Units Activity

The following table summarizes RSU activity under the Plan:

 

    RSU     Weighted
Average Grant
Date Fair Value
 
Unvested balance at September 30, 2020     653,845     $ 3.63  
Granted     47,000     $ 2.38  
Vested     (326,920 )   $ 3.63  
Forfeited     (10,657 )   $ 3.63  
Unvested balance at June 30, 2021     363,268     $ 3.47